Nigeria's agricultural sector has been experiencing significant growth,

Nigeria's agricultural sector has been experiencing significant growth,

with the biggest growth recorded since the first quarter of 2023. According to the National Bureau of Statistics (NBS) report, the sector witnessed a remarkable increase in the third quarter of 2023, with a Gross Domestic Prices value of N14.7 trillion ¹.

The crop production sector, in particular, has seen an increase in nominal value. This growth can be attributed to various initiatives implemented by the government, such as the Anchor Borrowers Program (ABP) and the National Agricultural Technology and Innovation Plan (NATIP) ².

Despite the challenges faced by the sector, including flooding, desertification, and insecurity, the government's efforts to diversify the economy and promote agricultural development are yielding positive results.